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First of all: THANK YOU VERY MUCH FOR THIS THREAD.
I am IN MY 30-ties, new to trading. I want to make it so much, but so long I still fail (well, nowadays I manage to almost break-even). I started on demos in April. In July I've tried with real money, but after breaking even, and last 5 losses I decided to stop.
Now I again demo-trade.
My favorite time frame is H4 or longer. Harmonic patterns and Elliot Wave look to me the only ones that can be quite useful (price as the best indicator, I've got burnt so much by following methods with many indocators).
I know you are very busy, but I hope you (or someone else) could answer some questions:
1. The Harmony_05 & 06 writes ie: "Gartley at 8". What does "8" mean?
2. The Harmonic Analyzer software: is it worth buying/subscribing to? I know that additionally I have to subscribe to some data company if I want it to work real time.
3. I know it isn't Elliot Wave topic, but: MT Predictor: is it worth (plus the data subscribtion) - guys who are using this software, could you answer?
4. The Harmony indicator: do we make it able to find more patterns by increasing "error", ie: from 0.1 to 0.3?
I've read the entire thread. Thank you all again. Especially for the books. I've finished L.Pesavento's one, now I'm reading "The Harmonic Trader".
I hope to undertsand and implement Harmonic Trading (hopefully lliot Wave, too).
8 is 8 bars before or back
for other questions i would also like to see some answers
can someone post all harmonic indicators avaiable for free here or in new thread
"Eyeball" indicator EA(Expert Advisor) is still the best over any mechanical auto-detect pattern.
Best used on 30-min timeframe. U can find it almost everyday. If used on 4-hr frame, chances are its more valid & powerful but very few such setups in a month.
hi
yes this would be a nice setup i prrsonaly would like to look at him as an AB=CD pattern(H4) and it is confirmed by a none ideal gartley in H1.on the whole good opportunity it would be.
__________________ We often borrow from our tommorrows to pay our debts to our yesterdays.
As always, who knows!?!.Let see what will happen....
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hi
yes this would be a nice setup i prrsonaly would like to look at him as an AB=CD pattern(H4) and it is confirmed by a none ideal gartley in H1.on the whole good opportunity it would be.
Great.
this is my first position in this pair
i hope it well be profitable
Another beginner
Linear Mode
